KWESST Announces Strategic Share Consolidation
Company Announcements

KWESST Announces Strategic Share Consolidation

Story Highlights

KWESST Micro Systems (TSE:KWE) has released an update.

KWESST Micro Systems Inc. has announced a share consolidation that will convert ten pre-consolidation shares into one post-consolidation share, pending TSX Venture Exchange approval. This strategic move aims to maintain compliance with NASDAQ’s minimum bid price requirements without requiring a special shareholders’ meeting. The company specializes in advanced tactical systems for military and security forces.

For further insights into TSE:KWE stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks Canadian Auto-Generated NewsdeskKWESST Micro Systems Plans $3.5 Million Public Offering
TipRanks Canadian Auto-Generated NewsdeskKWESST Boosts Production and Secures Funding
TheFlyKwesst Micro Systems Inc. trading halted, news pending
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App